Contract Hire

This offers you new vehicles without the capital outlay and residual risk. The vehicle is rented for a period of time and mileage
at a fixed rental, eg 36 months/60,000 miles, and returned to the hire company at the contract end. A maintenance package can be
included. Road tax for the term is included.

Makes easy budgeting as barring fuel and insurance you know what your monthly motoring costs will be

Normally low initial payment

Additional line of finance to bank

No disposal worries and therefore no hassle

Rentals are allowable against corporation tax (cars - 100% up to Co2 of 160g/km, 85% over 160g/km; 100% on commercial vehicles)